🚀🚀 Attention BTC enthusiasts! While the world is engrossed in the Ripple Labs vs. SEC drama, the XRP Ledger (XRPL) has quietly hit a significant milestone. 🎉🎉

XRPL, a public blockchain designed for speedy, low-cost, real-time transfers of fiat currencies, XRP, and other digital assets, recently saw over 10 million XRP tokens locked in its AMM pools. 📈📈

Wait, what's an AMM? It stands for automated market maker, and its pools are designed to provide liquidity in the XRPL's decentralized exchange. Each pool consists of two assets, and users can swap between them at an exchange rate set by a formula. 🔄🔄

Those who lock XRP in the pools are known as liquidity providers, and they receive LP tokens (yield) from the automated market maker in return for their stake. So, a growing stake in AMM pools generally signals rising investor confidence. 💪💪

This is particularly noteworthy as XRP's price has been stagnating for the past few weeks, unable to make a significant move in either direction. But as CryptoPotato recently reported, the cryptocurrency seems to be on the verge of a massive move. 🚀🚀

The direction of this breakout will likely determine Ripple's trend in the mid term. So, keep your eyes peeled, BTC lovers! 👀👀

This article is not related to BTC.